Karnataka Seeks 50% Share in Tobacco, Pan Masala Duty
Karnataka Finance Minister Byre Gowda urges the Centre for a 50% share in tax revenue from tobacco and pan masala, citing fiscal pressures from GST, urbanization, and climate shocks. Read more.
Karnataka Finance Minister Byre Gowda urges the Centre for a 50% share in tax revenue from tobacco and pan masala, citing fiscal pressures from GST, urbanization, and climate shocks. Read more.
Donald Trump pledges to cap credit card rates at 10% if re-elected, targeting voter affordability concerns. A major policy shift with wide economic implications.
Maharashtra teachers and school staff deployed on election duty work 30-35 hours straight, demanding a sanctioned paid rest day. The association cites exhaustion and late-night travel as major concerns.
A 56-year-old Nagpur lecturer, scheduled for chemotherapy on Jan 15, is forced into election duty. Despite appeals, her name remains on the list, risking FIR and job loss. Read her ordeal.
A 56-year-old Nagpur lecturer, a cancer patient, is forced into election duty on her chemotherapy date despite appeals. Over 500 officials face notices for skipping training. Read about this bureaucratic insensitivity.
Mumbai school staff on election duty urge Maharashtra govt for a paid rest day, citing 30+ hour shifts and immediate return to school. Read their plea.
The government may introduce a customs duty amnesty scheme in Budget 2026-27 to resolve Rs 1.52 lakh crore in litigation. Read about the plan to slash duty slabs and fix FTA-related inverted duty structures.
Assistant Sub-Inspector Ajay Kumar Pandey, 55, suffered a fatal heart attack while on Dial 112 duty in Bettiah. The dedicated officer was pronounced dead upon arrival at the hospital, sending shockwaves through the police force. Read the full story.
India's new tobacco tax policy prioritises economic rationale, addressing healthcare costs and lost productivity. Read the analysis of this critical public health and fiscal decision.
Gujarat's stamp duty revenue surged 7% to Rs 13,699 crore in April-Dec 2025, set to exceed the Rs 19,800 crore target. Strong real estate demand and big land deals drive growth.
Uttar Pradesh Cabinet expands stamp duty concessions. Now, gifting commercial & industrial properties within family costs just Rs 5,000 stamp duty. Move aims to simplify & reduce cost of intra-family asset transfers.
FCV tobacco farmers from Andhra Pradesh urge PM Modi & CM Naidu to review a steep excise hike, fearing a severe livelihood crisis and price crash. Read their urgent appeal.
Karnataka government expands stamp duty exemption on gift deeds among family members to include commercial and industrial properties, boosting real estate transactions. Learn the new rules and benefits.
Planning a 3-year fixed deposit? Compare the latest FD interest rates from top private and public sector banks for 2025-2026. See how a 0.5% difference can add ₹15,000 to your ₹10 lakh investment.
India's new safeguard duty on select steel imports has led to a sharp price rise of up to Rs 8,000 per tonne. Industry warns of a 2% increase in construction costs, impacting real estate and auto sectors. Read more.
Tobacco growers in Karnataka protest against the Central Excise (Amendment) Bill-2025, citing a massive tax hike that threatens their survival. They demand a rollback to protect farmer livelihoods.
Tobacco farmers in Karnataka and Andhra Pradesh warn the Central Excise (Amendment) Bill, 2025 will devastate livelihoods and boost illegal trade. Read their urgent plea to the government.
Mysuru tobacco growers face price uncertainty as new taxes on tobacco products loom. While current prices hover around Rs 320/kg, fears of a crash clash with hopes of a post-Sankranti surge to Rs 400/kg. Explore the market divide.
A sharp increase in excise duty on cigarettes, effective Feb 1, 2026, may trigger a surge in illicit trade and cause revenue losses, experts caution. Read more.
Cigarettes to cost more as new excise duty and 40% GST kick in from February 1. Check the new price slabs and tax changes for all tobacco products.
Jaipur Municipal Corporation launches a major drive against tobacco sales near schools, confiscates products and issues warnings. Read about the new enforcement rules.
Thousands of tobacco farmers in Andhra Pradesh protest against the Centre's steep tax increase, warning it will destroy livelihoods and boost illegal smuggling. FAIFA demands a rollback.
Essential UPSC updates: New tobacco duty rates from Feb 1, Vodafone Idea's AGR relief, Gaganyaan mission delays, and the impact of EU's CBAM on Indian exports. Key insights for Prelims and Mains.
Thousands of tobacco farmers protest in Andhra Pradesh & Karnataka against a steep GST hike, warning it will crush livelihoods and boost illegal smuggling. FAIFA demands a rollback to revenue-neutral rates.
ITC shares hit a 3-year low after a steep excise duty hike on tobacco, eroding ₹72,300 crore in shareholder wealth. LIC faces a massive ₹11,460 crore loss. Key brokerages downgrade the stock.
Union Budget 2026's additional excise duty on tobacco had a mixed impact on FMCG stocks. Discover why shares of companies like ITC, Godfrey Phillips, and VST Industries reacted differently.
Cigarettes to get costlier as the Centre imposes additional excise duty from February 1. Find out how much more you'll pay for brands like Marlboro, Gold Flake, and others.
ITC share price crashed over 5% to ₹345.35 after the government announced a fresh excise duty on cigarettes. Get the full details on the market impact and new tax rates effective February 1.
The GST Council has approved new tax rates for tobacco, pan masala, and other items from February 1. Learn about the revised compensation cess and its impact on prices.
Cigarette prices in India are expected to surge by up to 20% from February 1, 2025, following a significant increase in the National Calamity Contingent Duty. This move will impact major tobacco companies and consumers nationwide.